Ikea plans to invest 400 million euros (341 million pounds) in France over the next three years as it builds up its new city centre stores in the country, Ikea France's chief executive Walter Kadnar said on Monday.
Elie Papiernik, co-founder of Parisian agency Cent Degrés, works between Asia and Europe. In the fourth LuxurynsightXFashionNetwork podcast, he describes the creative challenges facing luxury and beauty brands.
For the first time, the luxury label is present in force in Milan during the Furniture Fair, to unveil the design object collection created with renowned Milanese interior decoration studio DimoreStudio.
Fashion is rocking Milan for the Furniture Fair, with Dior’s gala at Antonia, Armani's for the Tadao Ando exhibition, and countless parties, cocktail evenings and installations, like those by Tod’s and Vogue Italia.
Milan expects to host nearly 500,000 visitors on April 8-14 for the huge, city-wide event, an incredible opportunity for fashion and luxury labels to present countless projects and special initiatives.
The label commissioned architects Cini Boeri, Elizabeth Diller and Kazuyo Sejima a series of black nylon accessories, while also staging the Prada Mode club in Hong Kong and an exhibition for artist Jannis Kounellis.
Ikea is scouting Mexico’s biggest cities for its first store locations in the country, the furniture retailer said, as it expands in Latin America to battle growing competition in its core U.S. and European markets.